Ozzie Silna Net Worth

How much is Ozzie Silna Worth?

in Richest BusinessmenExecutives
Ozzie Silna net worth:
$150 Million

Ozzie Silna net worth: Ozzie Silna is an American businessman who has a net worth of $150 million dollars. Ozzie Silna began his professional career in the textile industry, and built a polyester empire in the 60s and early 70s. He and his brother, Daniel had always dreamed of owning a basketball team, and they purchased the American Basketball League's Carolina Cougars in 1974. Their plan was to move the Cougars to the NBA, when the ABA and NBA merged. They moved the entire team to St. Louis, Missouri, in the hope that that would make their inclusion in the NBA more viable. They renamed the team the Spirits of St. Louis, and the team played through the 1976 season. The franchise ultimately folded without ever joining the NBA, releasing some incredibly talented players to other teams. Ozzie Silna and his brother negotiated a deal in which they received $2.2 million upfront and 1/7 of the four remaining ABA team's television revenue in perpetuity. The end result is that, after the eventual merger with the NBA, the Silnas have wracked up nearly $300 million dollars in profits from television revenue. The NBA has repeatedly tried to renegotiate the deal with little luck.

Silna Brothers

Daniel and Ozzie Silna

Ozzie Silna Net Worth

Ozzie and Daniel Silna

All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction
Discussion